What Students Read
Answers to your Any and Every Study Abroad Queries, All in One Space!

Read on to get your latest updates on Universities, Courses Offered, Student Visa Updates, and lots more!
Image

Fulfil your Futuristic Academic Goals with AECC



+91





Unlocking Opportunities: Pursuing a Master's in Management in Canada

Masters-in-Management-in-Canada

If you want to work in the management field and are looking for ways to advance your career, a Master in Management(MIM) is a promising degree to help you achieve your goals. MIM is starting to become quite a popular choice among international students looking for outstanding work chances, similar to MBA.

A Masters in Management degree in Canada is a program developed for students who desire to build a name for themselves in leadership positions. It equipped the next generation to be flexible thinkers, well-rounded innovators. It determined to make a big difference in the business management sector of society.

Masters in Management in Canada: Course Highlights

Program

Masters program

Course

Masters in Management

Duration of the Course

9 months - 2 years

Eligibility

A bachelor's degree from a recognized university is required. Some colleges have a minimum GPA requirement, so applicants should double-check.The candidate must achieve the required score on an English language proficiency test such as IELTS, TOEFL, or PTE

A legitimate GRE or GMAT score is required by universities. 

Also, 2 Recommendation Letters (LOR) may be needed. Some institutions may require a minimum of 2-3 years of work experience.

Entrance Exams

GMAT, GRE, TOEFL

Tuition Fees

20.8 lakh (6,300 CAD)

Jobs

Risk Manager, project Manager, management consultant, etc.

Average Salary

150,000 CAD

Why Masters in Management in Canada?

Unlike the MBA in Canada, applicants do not require any prior work experience to participate in this master's program in Canada. Master in Management in Canada has lower tuition rates for international students and a wider choice of post-graduate professional options. Also, over the last decade, there has been a 49 percent growth in the number of master in Management graduates worldwide.

Who Should take Master in Management Courses in Canada?

Canada is an excellent choice for Indian students or any other international student interested in pursuing a master's degree in management while studying abroad. In recent years, Masters in Management Courses have grown in popularity. According to research, the number of MIM graduates has increased by 48% in the last ten years.

TOP Universities for Masters in Management in Canada

University Name

QS World Ranking 2024

Program

Duration

University of Toronto

21

Master of Management

10-12 months

McGill University

30

Master of Management in Finance

12 months

University of British Columbia (UBC)

34

Master of Management

9 months

York University - Schulich School

98

Master of Management

12 months

University of Alberta

111

Master of Business Management

10-12 months

HEC Montréal

151

Master of Science in Management

16-24 months

Queen's University

209

Master of International Business

12 months

University of Calgary

182

Master of Management

10-16 months

Simon Fraser University

318

Master of Science in Management

12 months

Concordia University

387

Master of Management

12-16 months

Cost of Studying Masters in Management in Canada

The average annual tuition expense for a Masters in Management at a Canadian university is roughly 55,000 CAD. This is estimated to be 32 lakhs per year for Indian students. These costs can be reduced by applying for one of Canada's several master's degree scholarships.

Tuition Fees

University Name

Program

Duration

Tuition Fees in INR

University of Toronto

Master of Management

2 years

Approx. 40,00,000 - 45,00,000

McGill University

Master of Management in Finance

1 year

Approx. 30,00,000 - 35,00,000

University of British Columbia (UBC)

Master of Management

9 months

Approx. 35,00,000 - 40,00,000

York University - Schulich School

Master of Management

1 year

Approx. 25,00,000 - 30,00,000

University of Alberta

Master of Business Management

10-16 months

Approx. 20,00,000 - 25,00,000

HEC Montréal

Master of Science in Management

16-24 months

Approx. 15,00,000 - 20,00,000

Simon Fraser University

Master of Science in Management

12 months

Approx. 18,00,000 - 23,00,000

Queen's University

Master of International Business

1 year

Approx. 30,00,000 - 35,00,000

University of Calgary

Master of Management

10-16 months

Approx. 18,00,000 - 23,00,000

Concordia University

Master of Management

16 months

Approx. 17,00,000 - 22,00,000

Cost of Living in Canada

Aside from tuition, international students must also consider housing, transportation, meal plans, and other additional expenses. 

The average cost of living in Canada for International students is given below:

Kind of Expenses

Amount in CAD

Accommodation (Monthly Rent)

800 - 1,500

Groceries (Monthly)

200 - 400

Utilities (Monthly)

150 - 200

Transportation (Monthly)

80 - 150

Health Insurance (Monthly)

60 - 100

Entertainment (Monthly)

100 - 200

Eating Out (Monthly)

150 - 300

Mobile Phone Plan (Monthly)

40 - 60

Internet (Monthly)

50 - 100

Miscellaneous (Monthly)

100 - 200


 

Eligibility Criteria to Study Masters in Management in Canada

  • A four-year undergraduate degree with a 76 percent average.
  • Applicants will need to submit a GMAT score or a GRE score.
  • IELTS minimum overall score of 7.4 is required.
  • TOEFL minimum overall score of 99 or more.

Exams Required to Study Masters in Management in Canada

University Name

Accepted Exams

Minimum Band Requirement

University of Lethbridge

GMAT

550

University of Manitoba

GMAT

550

HEC Montreal 

GMAT

630 

McGill University 

GMAT

550

Odette School of Business

GMAT

520

 
 

Scholarships to Study Masters in Management in Canada

Name of the Scholarship

Details

Eligibility

Amount in CAD

Vanier Canada Graduate Scholarships

Offered by the Canadian government for doctoral studies, but often applicable to Master's programs in management.

Must be nominated by a Canadian institution, demonstrate leadership skills and a high standard of scholarly achievement.

Up to 50,000 per year

Ontario Graduate Scholarship

Aimed at encouraging excellence in graduate studies at the master’s and doctoral levels.

Must be attending a participating Ontario school, have a valid study permit, and maintain a satisfactory academic record.

5,000 per session

University of British Columbia Scholarships

UBC offers a range of scholarships for international graduate students.

Criteria vary depending on the specific scholarship; generally based on academic excellence and research potential.

Varies

Rotman School of Management Scholarships

Specific to the University of Toronto’s Rotman School of Management.

Based on academic excellence, extracurricular achievements, and leadership.

Varies

Sauder School of Business Entrance Scholarship

For students entering the UBC Sauder School of Business.

Based on academic performance, leadership skills, and involvement in community service.

Up to 40,000

McGill University Scholarships and Awards

McGill offers various scholarships for international students.

Criteria vary; generally include academic excellence and research potential.

Varies

Alberta MBA Scholarships

Offered by the University of Alberta for MBA students.

Based on academic achievement, leadership qualities, and community involvement.

Varies

HEC Montréal Scholarships

Available for international students at HEC Montréal.

Based on academic excellence and potential contribution to the program.

Up to 20,000

Schulich School of Business Scholarships

For students at York University’s Schulich School of Business.

Criteria include academic excellence, leadership experience, and community involvement.

Varies

Simon Fraser University Graduate Fellowships

For new and continuing graduate students at SFU.

Based on academic excellence and research potential.

Up to 10,000 per year

Jobs after Masters in Management in Canada

For many international students, Canada is a place of opportunity. Multiple sectors of the industry might be chosen for a career after Masters in Management in Canada due to the large range of specialties offered.

Some of the career opportunities after graduating is:

Job Profile

Salary in CAD

Business Development Manager

70,000 - 100,000

Marketing Manager

60,000 - 90,000

Human Resources Manager

65,000 - 95,000

Operations Manager

70,000 - 110,000

Financial Analyst

55,000 - 85,000

Management Consultant

75,000 - 120,000

Project Manager

73,000 - 110,000

Product Manager

75,000 - 105,000

Supply Chain Manager

70,000 - 100,000

Data Analyst

60,000 - 85,000

How to Apply for Masters in Management in Canada?

  • Visit university's official website and look over the prerequisite requirements for studying masters in management.
  • Create an account by clicking on your university of choice's application page.
  • On your registered phone number, you will then receive an email or SMS with login details and verification.
  • You should then fill in all your personal information using the login information provided (date of birth, gender name, etc.)
  • The cost of an application typically varies by the university and its location in Canada, and it can be paid through online banking. You can simply select your course and then pay your application fee online.
  • Fill out and submit your application form carefully.
  • It is important to fill in your academic qualifications and any other supporting documentation that may be required of you.
  • Selected students may be invited to participate in a virtual interview by some Universities and colleges. 

Well, that was an extensive coverage but we have got more information for you at AECC. AECC is the right place for you to expedite your education endeavors with assistance in all aspects from finding accredited courses, ideal destination and leading institution. The expert counsellors provide guidance and will bring your dreams to life.

 FAQs

Related Posts

study abroad consultants

Test Preparation

Our Partners

4
Speak to our Consultant